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ASIC Talks to MAS to Strike FinTech deal

Posted: Sun Apr 10, 2016 1:32 pm
by kreslik.news

This article was written by Jasmin Dhillon who is a financial services and commercial/corporate lawyer at Sophie Grace Legal & Compliance. Jasmin is passionate about innovation, financial services and all things FinTech.

The Australian Securities and Investments Commission (ASIC) is talking to the Monetary Authority of Singapore (MAS) about an agreement to ensure that regulation does not hinder the progress of start-ups looking to operate in both countries.

Fintech regulation is a key priority of top financial regulators across the globe. Discussions between ASIC and MAS are at an early stage, however it is believed that the regulators are ... (read more)